Temas Resources Makes Additional Management Change

Rhea-AI Summary

Temas Resources Corp. (CSE: TMAS, OTCQB: TMASF) announced a change in its management, eliminating the Executive Chairman role previously held by Robert ‘Bob’ Schaefer, effective January 10, 2023. Schaefer, who has been with the company since November 2021, will remain a director. The company is focused on advanced mining projects in Quebec, specifically iron, titanium, and vanadium resources, and is committed to reducing the environmental impact of mining through innovative green recovery technologies.

Positive

• Elimination of the Executive Chairman role may streamline decision-making.
• Focus on advanced mining projects in Quebec can attract investor interest.

Negative

• Potential instability in management structure following the removal of a high-level role.

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Temas Resources Corp. (“Temas” or the “Company”) [CSE: TMAS] announces that the Company has made the following change to its management structure.

The Company has eliminated the Executive Chairman role from its management structure that Robert ‘Bob’ Schaefer was occupying, effective January 10, 2023. Mr. Schaefer has served on the board and as Executive Chairman since November 2021 and will continue as a director.

On behalf of the Board of Directors,

Kyler Hardy,
President & CEO, Director

About Temas Resources

Temas Resources Corp. (CSE: TMAS) (OTCQB: TMASF) is focused on the advanced La Blache and Lac Brule Iron-Titanium-Vanadium projects in Quebec. The critical metals the Company is exploring for are key to our national mineral independence. Additionally, the Company invests in and works to apply its green mineral recovery technologies across its mining portfolio to reduce the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies.

All public filings for the Company can be found on the SEDAR website www.sedar.com. For more information about the Company, please visit www.temasresources.com.

NEITHER THE CSE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230116005543/en/

For further information or investor relations inquiries:

Samuel “Kyler” Hardy

President and CEO, Director

E-mail: khardy@cronincapital.ca

Tel: 604-428- 9480

Source: Temas Resources Corp.

FAQ

What management change did Temas Resources Corp. announce?

Temas Resources Corp. announced the elimination of the Executive Chairman role held by Robert ‘Bob’ Schaefer, effective January 10, 2023.

What is the focus of Temas Resources Corp.?

Temas Resources Corp. focuses on advanced iron, titanium, and vanadium mining projects in Quebec.

What is the stock symbol for Temas Resources Corp.?

The stock symbol for Temas Resources Corp. is TMASF.

What was Robert Schaefer's role before the management change?

Before the management change, Robert Schaefer served as the Executive Chairman of Temas Resources Corp.

What technologies is Temas Resources Corp. using to minimize environmental impact?

Temas Resources Corp. is implementing green mineral recovery technologies and advanced processing methods to reduce the environmental impact of mining.